In 1998, the telecommunications industry began to slow down and WorldCom's stock was declining. CEO Bernard Ebbers came under increasing pressure from banks to cover margin calls on his WorldCom stock that was used to finance his ... The recent scandal at Oral Roberts University alleges illegal political maneuvering,
www.associatedcontent.com/article/162656/worldcom_scand... www.associatedcontent.com/article/162656/worldcom_scandal_a_look_back_at_one.html
Before WorldCom, Enron and Adelphia made headlines, the savings & loan crisis was at the top of the accounting scandal list, and long-ago schemes by Charles Ponzi and Ivar Kreuger, among others, wiped out millions of investors' dollars. ... WorldCom scandal one of many;
money.cnn.com/2002/06/26/news/companies/accounting_scan... money.cnn.com/2002/06/26/news/companies/accounting_scandals/
The admission cast WorldCom into the top tier of scandal-ridden companies alongside Tyco International, Global Crossing, Adelphia Communications and, of course, Enron.
money.cnn.com/2002/07/19/news/worldcom_bankruptcy/ money.cnn.com/2002/07/19/news/worldcom_bankruptcy/
Long Distance Rates Comparison Chart to help the consumer compare rates and save on their phone bills. ... analyst/crook Jack Grubman donated $100,000 to the Democratic Senatorial Campaign Committee two days before the WorldCom scandal was announced. It was the Committee's largest donation ever. The check was received on...
www.worldcomnews.com/ www.worldcomnews.com/
WorldCom scandal deepens; 1 July 2002 ... Near the top of everyone's danger list was WorldCom, America's second-biggest long-distance phone company. The firm was already shrouded in scandal after the departure of its founder and chief executive, Bernie Ebbers.
news.bbc.co.uk/1/hi/business/2077838.stm
Stock Options Backdating | Hewlett-Packard | Mark Foley Scandal | Terrorism | Iraq Aftermath | Election 2004 | Same-Sex Marriage | Michael Jackson | MPAA | RIAA | Napster | Microsoft | Tyco | WorldCom | Enron | Tobacco | Guns | Slavery | California Recall | White House Energy Task Force | Tires | Waco...
news.findlaw.com/legalnews/lit/worldcom/ news.findlaw.com/legalnews/lit/worldcom/
WorldCom scandal sticks to CEO Ebbers Listen to this story The largest business fraud in U.S. history brings one of the strongest penalties yet against a corporate executive: 63 year old Bernard Ebbers has been sentenced to 25 years in prison for his role in WorldCom's $11 billion accounting fraud.
marketplace.publicradio.org/shows/2005/07/13/PM20050713... marketplace.publicradio.org/shows/2005/07/13/PM200507131.html
JIM LEHRER: WorldCom: Part one of our focus on corporate America and Wall Street is the WorldCom story. Here's a report Gwen Ifill did before tonight's SEC ... Gwen Ifill looks at the WorldCom accounting scandal with Scott Cleland, a telecom analyst and CEO of the Precursor Group, an investment research company.
www.pbs.org/newshour/bb/business/jan-june02/numbers_6-2... www.pbs.org/newshour/bb/business/jan-june02/numbers_6-26.html
Explained: WorldCom has revealed a further $3.3bn in accounting errors, doubling the size of the accounting scandal at America's second largest long distance phone company to more than $7bn. Mark Tran ... What did WorldCom say?; The company said an internal audit had discovered that $3.3bn in profits were improperly recorded...
www.guardian.co.uk/business/2002/aug/09/corporatefraud.... www.guardian.co.uk/business/2002/aug/09/corporatefraud.worldcom2
NEW YORK — Former WorldCom Chief Executive Bernard Ebbers was indicted on federal fraud and conspiracy charges yesterday, accused of orchestrating the biggest accounting shell-game in corporate history. His chief financial officer, Scott Sullivan, will testify against him in a plea deal.
seattletimes.nwsource.com/html/businesstechnology/20018... seattletimes.nwsource.com/html/businesstechnology/2001869995_ebbers03.html